Oil & Energy
May 19, 2014
A couple of Swedish and Russian companies have voiced readiness to cooperate with Iran in oil exploration projects in the Caspian Sea.
Subsidies for petroleum products have been sapping Egypt’s economy and should be addressed as soon as possible,
May 18, 2014
UK-based oil and gas services group Petrofac, which slashed its 2014 profit forecast by 11 percent this month, said on Friday it was awarded a contract worth $970 million in Algeria.
Inspiring young people to explore their full potential through outdoor adventure, Oman Oil Company (OOC) is supporting the 2014 Outward Bound Oman Challenge ‘Tahaddi Oman’ for the second consecutive year.
May 16, 2014
"If these reports are correct, then dire consequences will be inevitable," the Iraqi oil official said. "This is a seriously dangerous development. ...and now if this is proved true then they are going too far."
May 15, 2014
Iran has tried to bring more foreign companies into its energy sector since securing sanctions relief from a November interim agreement to temporarily curb its nuclear activities.
Locals interviewed near the power plant Wednesday said they first noticed the pollution Sunday, likening it to oil spills that once frequently plagued the coast in the area.
Emirates National Oil Company (ENOC) has expanded its ZOOM convenience store network with the opening of three new outlets across Dubai.
May 14, 2014
" The Kingdom can import electricity from Egypt during the day time and re-export it in the evening," he said.
The 5th annual Middle East Bitumen Conference, hosted by ENOC Industrial Products Marketing (EIPM), a specialised business division of Emirates National Oil Company.
Development of the Saudi petrochemical sector is part of Riyadh's strategy for diversifying the economy away from heavy dependence on crude export revenues.
Iran has renewed its oil export contracts with its Asian buyers
May 13, 2014
Egypt’s opportunities for importing liquefied natural gas have increased as a result of US sanctions on Russia
Emirates National Oil Company (ENOC) has signed a Technical Services Agreement (TSA) with Dubai Carbon Centre of Excellence (DCCE).
May 12, 2014
Kuwait wants to burn LNG instead of resorting to diesel and crude oil, which have higher harmful emissions, KPC added.